The American Equity Underwriters, Inc. acts as the manager of a group self-insurance mutual domiciled in Bermuda. This mutual is approved by the US Department of Labor to provide coverages for USL&H exposures in all 50 states.
Target Classes:
• Ship Builders
• Ship Repair
• Stevedoring
• Steamship Agents
• Terminal Operators
• Luxury Yacht Builders and Repair (over 65 ft.)
• Barge Repair
• Coal Docks
• Marina Construction
• Marine Contractors and similar waterfront activities
The below classes may also have USL&H (possibly incidental only) exposure:
• Heating and AC Contractors
• Electricians
• Engine Repair
• Welders
• Fire Extinguisher Servicing
• Painters
• Sheet Metal Work
• Wallboard Installation
• Architects and Engineers
• Communications Repair
• Refrigeration Repair
• Crane Installations and Repair
• Pest Control
• Concrete/Cement Work
• Carpentry
• Oil & Gas
Note: Diving, significant offshore work and some highly hazardous operations are excluded.
Coverages:
• United States Longshore and Harbor Workers' Compensation Act
• Defense Base Act
• Outer Continental Shelf Lands Act
• Non-Appropriated Fund and Instrumentalities Act
• *Companion State Act Program in conjunction with the above coverages
Plans Include:
• First Dollar Coverage
• Loss Sensitive Rating Plans
• Excess over qualified Self-Insurance
• Deductible Programs
• Incidental Coverage
Limits:
• Federal Acts: Statutory
• Employer’s Liability: $1,000,000
Requirements:
• Completed and signed ACORD Workers Compensation Application
• Currently valued loss runs (5 years preferred)
• 5 year payroll history
• Financials
• Current experience mod worksheet
• Additional Information which will assist in the quoting process:
Details on large claims will be requested. If a deductible is involved, please indicate whether the amounts shown are gross of the deductible (“ground up”), or net of the deductible. We welcome data in an electronic format.If the Insured owns, operates or leases aircraft an Industrial Aid Aircraft Application will need to be completed.Please elaborate on any change in operations over last 5 years to explain payroll or loss history.Any elaboration on safety program in place is appreciated. It should be appropriate for size of account and exposures. We will pre-inspect where appropriate.
Availability:
• All 50 states
• All account sizes-incidental to excess
Carrier:
• Not Applicable; US Department of Labor Approved Self Insurance Group
• State Act Program - 'A' rated carriers